Raiffeisen Upgrades to Broadridge BRx Match Platform, Extending 17-Year Partnership
BR•Raiffeisen has upgraded to Broadridge’s BRx Match reconciliation platform, enhancing its treasury and corporate reconciliation capabilities. The agreement extends their business relationship that began in 2009.
1. Upgrade to BRx Match Platform
Raiffeisen will implement Broadridge’s BRx Match platform to streamline reconciliation across its corporate and treasury operations, integrating automated matching, exception management and reporting modules to reduce manual workload.
2. Extended Partnership
This agreement renews Raiffeisen’s use of Broadridge solutions, extending a relationship that originated in 2009 and highlighting continued collaboration in post-trade processing.
3. Platform Capabilities
BRx Match provides real-time reconciliation, a configurable rules engine and centralized exception workflows, aiming to minimize settlement risk and accelerate issue resolution.
4. Strategic Impact
The upgrade is expected to enhance Raiffeisen’s operational efficiency by shortening reconciliation cycles and supports Broadridge’s recurring revenue growth through expanded service engagements.
